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Ethereum decentralized staking protocol Diva Staking said on its official X account it is shutting down the project because of funding difficulties and security concerns.
Diva said it had continued development without pay for about two and a half years after running out of operating funds in mid-2024, but it was difficult to cover the costs needed for additional security audits and protocol maintenance. In light of the security risks, Diva said it decided to abandon the mainnet launch. Users who deposited funds in Early Staker Vaults can withdraw their deposits through Enzyme.